Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) Shares Sold by Fiera Capital Corp

Fiera Capital Corp reduced its position in shares of Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,747 shares of the financial services provider’s stock after selling 2,477 shares during the period. Fiera Capital Corp’s holdings in Western Asset Investment Grade Income Fund were worth $1,116,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Gilman Hill Asset Management LLC raised its position in shares of Western Asset Investment Grade Income Fund by 20.0% during the 2nd quarter. Gilman Hill Asset Management LLC now owns 15,000 shares of the financial services provider’s stock valued at $181,000 after buying an additional 2,500 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Western Asset Investment Grade Income Fund by 2.6% during the second quarter. Allspring Global Investments Holdings LLC now owns 157,296 shares of the financial services provider’s stock worth $1,900,000 after acquiring an additional 3,933 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in Western Asset Investment Grade Income Fund by 3.0% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 172,213 shares of the financial services provider’s stock valued at $2,215,000 after purchasing an additional 5,067 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Western Asset Investment Grade Income Fund in the 2nd quarter valued at $68,000. Finally, SeaBridge Investment Advisors LLC grew its holdings in shares of Western Asset Investment Grade Income Fund by 4.4% during the 2nd quarter. SeaBridge Investment Advisors LLC now owns 140,365 shares of the financial services provider’s stock worth $1,696,000 after purchasing an additional 5,915 shares during the period. 18.99% of the stock is owned by hedge funds and other institutional investors.

Western Asset Investment Grade Income Fund Price Performance

Western Asset Investment Grade Income Fund stock opened at $12.71 on Monday. The company’s 50 day simple moving average is $12.73 and its 200-day simple moving average is $12.37. Western Asset Investment Grade Income Fund Inc. has a 1 year low of $11.03 and a 1 year high of $13.18.

Western Asset Investment Grade Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be paid a $0.0515 dividend. This represents a $0.62 annualized dividend and a dividend yield of 4.86%. The ex-dividend date of this dividend is Thursday, November 21st.

About Western Asset Investment Grade Income Fund

Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents.